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LOANS RECEIVABLE, NET (Tables)
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Summary of loans receivable
A summary of loans receivable, net is as follows:

 December 31, 2021 December 31, 2020
(In thousands)
Residential one-to-four family$560,976 $611,603 
Multifamily515,240 427,436 
Non-residential141,561 128,141 
Construction and land23,419 33,691 
Junior liens18,464 23,814 
Commercial and industrial (including PPP)21,563 54,053 
Consumer and other87 99 
Total loans1,281,310 1,278,837 
Deferred fees, costs and premiums and discounts, net6,299 5,236 
Allowance for loan losses(14,425)(16,959)
(8,126)(11,723)
Loans receivable, net$1,273,184 $1,267,114 
Summary of changes in allowance for loan losses by class of loans
The following tables present the activity in the Company’s allowance for loan losses by class of loans for the years ended December 31, 2021, and 2020:

Residential
One-To-Four
Family		MultifamilyNon-ResidentialConstruction
and Land		Junior LiensCommercial and Industrial (including PPP)Consumer
and Other		UnallocatedTotal
(In thousands)
Year Ended December 31, 2021
Allowance for loan losses
Beginning balance$3,579 $5,460 $3,244 $3,655 $916 $2 $48 $55 $16,959 
Charge-offs— — — — — — (16)— (16)
Recoveries— — — — — — — — — 
(Recovery of) provision for loan losses(757)(197)(398)(977)(280)49 6 36 (2,518)
Total ending allowance balance$2,822 $5,263 $2,846 $2,678 $636 $51 $38 $91 $14,425 
Year Ended December 31, 2020
Allowance for loan losses
Beginning balance$3,446 $4,256 $2,548 $3,028 $1,002 $— $56 $164 $14,500 
Charge-offs(49)— — — — — (10)— (59)
Recoveries— — — — — — — — — 
(Recovery of) provision for loan losses182 1,204 696 627 (86)2 2 (109)2,518 
Total ending allowance balance$3,579 $5,460 $3,244 $3,655 $916 $2 $48 $55 $16,959 
The following table represents the allocation of allowance for loan losses and the related recorded investment (including deferred fees and costs) in loans by loan portfolio segment disaggregated based on the impairment methodology at December 31, 2021 and December 31, 2020:

Residential
One-To-Four
Family		MultifamilyNon-ResidentialConstruction
and Land		Junior LiensCommercial and Industrial (including PPP)Consumer
and Other		UnallocatedTotal
(In thousands)
December 31, 2021
Allowance for loan losses:
Individually evaluated
  for impairment		$31 $— $— $— $— $— $37 $— $68 
Collectively evaluated
  for impairment		2,791 5,263 2,846 2,678 636 51 1 91 14,357 
Total$2,822 $5,263 $2,846 $2,678 $636 $51 $38 $91 $14,425 
Loans receivable:
Individually evaluated
  for impairment		$10,169 $684 $4,577 $— $55 $— $37 $— $15,522 
Collectively evaluated
  for impairment		556,314 515,884 136,957 23,420 18,495 20,966 51 1,272,087 
Total$566,483 $516,568 $141,534 $23,420 $18,550 $20,966 $88 $— $1,287,609 
December 31, 2020
Allowance for loan losses:
Individually evaluated
  for impairment		$49 $26 $— $— $— $— $46 $— $121 
Collectively evaluated
  for impairment		3,530 5,434 3,244 3,655 916 2 2 55 16,838 
Total$3,579 $5,460 $3,244 $3,655 $916 $2 $48 $55 $16,959 
Loans receivable:
Individually evaluated
  for impairment		$11,829 $1,721 $5,084 $— $58 $— $46 $— $18,738 
Collectively evaluated
  for impairment		604,419 427,374 123,133 33,630 23,860 52,867 52 — 1,265,335 
Total$616,248 $429,095 $128,217 $33,630 $23,918 $52,867 $98 $— $1,284,073 
Summary of impaired loans by class of loans
The following table presents information related to impaired loans by class of loans as of December 31, 2021 and December 31, 2020.
Unpaid Principal BalanceRecorded InvestmentAllowance for Loan Losses AllocatedAverage Recorded InvestmentInterest
Income
Recognized		Cash Basis Interest Recognized
(In thousands)
December 31, 2021
With no related allowance
  recorded:
Residential one-to-four
  family		$8,744 $9,108 $— $9,534 $75 $75 
Multifamily684 684 — 1,170 26 24 
Non-residential4,725 4,577 — 4,869 210 196 
Construction and land— — — — — — 
Junior liens55 55 — 57 3 3 
Commercial and
  Industrial (including PPP)		— — — — — — 
14,208 14,424 — 15,630 314 298 
With an allowance recorded:
Residential one-to-four
  family		1,062 1,061 31 1,243 50 46 
Multifamily— — — — — — 
Non-residential— — — — — — 
Construction and land— — — — — — 
Commercial and
  Industrial (including PPP)		— — — — — — 
Consumer and other37 37 37 41 2 2 
1,099 1,098 68 1,284 52 48 
Total$15,307 $15,522 $68 $16,914 $366 $346 
December 31, 2020
With no related allowance
recorded:
Residential one-to-four
  family		$6,399 $6,508 $— $473 $97 $96 
Multifamily1,216 1,226 — 405 45 41 
Non-residential6,006 5,812 — 2,410 207 201 
Construction and land— — — — — — 
Junior liens60 59 — 27 1 1 
Commercial and
  Industrial (including PPP)		— — — — — — 
13,681 13,605 — 3,315 350 339 
With an allowance recorded:
Residential one-to-four
  family		1,519 1,521 108 679 53 47 
Multifamily353 352 28 157 11 10 
Non-residential— — — — — — 
Construction and land— — — — — — 
Commercial and
  Industrial (including PPP)		— — — — — — 
Consumer and other49 48 48 23 1 1 
1,921 1,921 184 859 65 58 
Total$15,602 $15,526 $184 $4,174 $415 $397 
Summary of past due loans in non-accrual and past 90 days still on accrual
The following table presents the recorded investment in non-accrual loans and loans past due 90 days or more still on accrual as of December 31, 2021 and December 31, 2020:

NonaccrualLoans Past Due
90 Days and Still Accruing
12/31/202112/31/202012/31/202112/31/2020
(In thousands)
Residential one-to-four family$10,805 $11,813 $— $— 
Multifamily139 156 — — 
Non-residential857 805 — — 
Construction and land— — — — 
Junior liens182 82 — — 
Commercial and industrial (including PPP)— — 116 
(1)
— 
Total$11,983 $12,856 $116 $— 
(1) PPP loans 90 days past due and accruing totaled $116 thousand. These PPP loans were not reported in non-performing loans as they carry the federal guarantee of the SBA.
The following table presents the recorded investment in past due and current loans by loan portfolio class as of December 31, 2021 and December 31, 2020:


60-89
Days
Past Due		90 Days
and Greater
Past Due		Total
Past Due		CurrentTotal
Loans
Receivable
(In thousands)
December 31, 2021
Residential one-to-four family$457 $8,936 $9,393 $557,090 $566,483 
Multifamily— — — 516,568 516,568 
Non-residential— 381 381 141,153 141,534 
Construction and land— — — 23,420 23,420 
Junior liens53 182 235 18,315 18,550 
Commercial and Industrial (including PPP)57 116 173 20,793 20,966 
Consumer and other— — — 88 88 
Total$567 $9,615 $10,182 $1,277,427 $1,287,609 
December 31, 2020
Residential one-to-four family$3,151 $10,075 $13,226 $603,022 $616,248 
Multifamily— 156 156 428,939 429,095 
Non-residential— 805 805 127,412 128,217 
Construction and land3,000 — 3,000 30,630 33,630 
Junior liens— — — 23,918 23,918 
Commercial and Industrial (including PPP)— — — 52,867 52,867 
Consumer and other— — — 98 98 
Total$6,151 $11,036 $17,187 $1,266,886 $1,284,073 
Schedule of credit quality indicators
The following table presents the risk category of loans by class of loans based on the most recent analysis performed as of December 31, 2021 and December 31, 2020:

PassSpecial
Mention		SubstandardDoubtful /
Loss		Total
(In thousands)
December 31, 2021
Residential one-to-four family$555,184 $— $11,299 $— $566,483 
Multifamily510,815 5,069 684 — 516,568 
Non-residential140,377 144 1,013 — 141,534 
Construction and land23,420 — — — 23,420 
Junior liens18,368 — 182 — 18,550 
Commercial and Industrial (including PPP)20,966 — — 20,966 
Consumer and other88 — — — 88 
Total$1,269,218 $5,213 $13,178 $— $1,287,609 
December 31, 2020
Residential one-to-four family$604,167 $— $12,081 $— $616,248 
Multifamily411,369 16,648 1,078 — 429,095 
Non-residential127,089 154 974 — 128,217 
Construction and land33,630 — — — 33,630 
Junior liens23,836 — 82 — 23,918 
Commercial and Industrial (including PPP)52,867 — — — 52,867 
Consumer and other98 — — — 98 
Total$1,253,056 $16,802 $14,215 $— $1,284,073